9

$2,999,000

498B-506 Merrimon Avenue, Asheville, NC 28804

Date Listed: 9/17/2021

Acres1.11

Description

Prime corner property on a metro’s major artery in Asheville's core area. This offering includes Merrimon Ave between W.T. Weaver Blvd and Chatham Ave, and both corners are signalized. This is an assemblage of 6 parcels being sold as one offering. Traffic Count at Merrimon and Weaver Blvd is ~21,535 vpd. Existing improvements have no value in this redevelopment site. Possibles uses: retail, big box, office, mixed use of commercial, student housing, and multi-family. See Attachments for specifics on each parcel in this Assemblage. Annual Asking lease rate for new office/retail on Merrimon Ave range from $24-$43 NNN•

Property Features:

  • Lot: Corner Lot
  • Sewer: Public Sewer
  • Type: Lots/Acres/Farms
  • Water: Public

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